As we step into 2025, the property market in Leeds is brimming with potential for both landlords looking to maximise returns and tenants in search of the perfect home. We are expecting to see a strong rental demand, rising property values and an increase in home energy efficiency. At sbliving, we’re here to help you navigate the local market with expert advice, tailored service, and a focus on what’s best for you.
What Does This Mean for Landlords?
For landlords in Leeds, 2025 is a promising year, with strong demand across both student and professional markets. However, with this demand comes increased competition. To stay ahead of the curve, here are some key tips:
Update Your Property: A fresh coat of paint, modern appliances, or new fixtures can make a huge difference in attracting high-quality tenants. A well-maintained property will always stand out, particularly in competitive areas.
Set Competitive Rental Prices: Research local rent prices and adjust accordingly. Make sure your rent reflects the quality and location of your property but also remains competitive with similar properties in the area.
Be Responsive: Tenants are increasingly seeking responsive and proactive landlords. By using a letting agent you can ensure excellent customer service and quick resolution to issues, you’ll retain great tenants for longer.
Energy Efficiency: Energy-efficient homes are in demand. If your property has features like double glazing, insulation, or energy-efficient appliances, highlight these in your listing. If not, consider upgrading where possible, as it could increase the appeal of your property and lower running costs for tenants.
What Does This Mean for Tenants?
For tenants in Leeds, the New Year could bring some exciting opportunities for finding your next home. Whether you’re looking to rent your first place or upgrade to something larger, there are several things to keep in mind:
Know Your Budget: The rental market can be competitive, so it’s important to have a clear idea of your budget. Take into account all of your monthly expenses, not just rent, to ensure that you can comfortably afford your new home.
Location Matters: Leeds offers a range of diverse neighbourhoods, each with its own unique appeal. If you’re a student, areas like Hyde Park or Headingley might be ideal. For professionals, the city centre or areas like Chapel Allerton and Roundhay offer a mix of convenience and lifestyle.
Look for Long-Term Rentals: If you’re planning to stay in Leeds for a while, consider opting for a long-term lease. Many landlords are willing to offer good terms for long-term tenants, which can give you peace of mind and stability.
Why Choose sbliving?
Our expert knowledge of the Leeds property market, combined with our commitment to excellent customer service, ensures that you are always in safe hands. In 2025, let sbliving guide you through the opportunities and challenges the New Year brings.
